TechNet Applauds Congressional Approval of Free Trade Agreements

Washington, DC — TechNet, the bipartisan policy and political network of technology CEOs that promotes the growth of the innovation economy, today applauded the Congressional approval of the U.S. Free Trade Agreements [FTA] with Colombia, South Korea and Panama.

“Passage of these three important trade agreements will help America’s economy at a critical time,” said Rey Ramsey, President and CEO, TechNet. “These agreements will make it possible for American companies to compete without unfair trade burdens as our sector in particular depends on overseas trade for a majority of its business. Among the many benefits, these pacts also represent smart policy as they provide increased market access, regulatory fairness and stronger intellectual property protection which represent the lifeblood of the Innovation Economy. We applaud the many years of work that went into these agreements by so many members of Congress across both sides of the aisle. These agreements mean an injection of market growth abroad which translates into more job creation in America when we most need it.”

About TechNet:TechNet is the national, bipartisan network of CEOs that promotes the growth of technology industries and the economy by building long-term relationships between technology leaders and policymakers and by advocating a targeted policy agenda. TechNet’s members represent more than one million employees in the fields of information technology, biotechnology, e-commerce and finance. TechNet has offices in Washington, D.C., Palo Alto, Sacramento, Seattle, Boston and Austin. Web address: www.technet.org <http://www.technet.org> <http://www.technet.org>. You can also follow us on Facebook and Twitter at @technetupdate.